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Development Site, Land Adj 98 Milton Road, Belvedere, DA17 5BA

Lot no: 26 Withdrawn for £580,000
 

Guide Price £550,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Tuesday 21st May 2019

11.30am
Key Features
  • A superb opportunity to purchase a development site.
  • Full Planning Permission for the erection of 7 x 2 Bedroom apartments in a 3 storey block.
  • The scheme is designed as a single block with accommodation over the ground and two upper floors.
  • 7 parking spaces to the front of the block and a shared communal garden with bike store to the rear.
  • EPC Rating: N/A
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Withdrawn for £580,000

Land

Property Description:

Situated in a popular location with a good range of local shops, restaurants, parks, the Blue Water shopping centre is also close by.

Belvedere railway station is half a mile to the north and offers regular services to London Charing Cross and London Cannon Street with a journey time around 45 minutes. Abbey Wood station is under 1.5 miles to the west, where the new Crossrail service is available. Journey times 11 minutes to Canary Wharf, 19 minutes to Bond Street and 51 minutes to Heathrow airport.

Detailed planning permission was granted by the LB of Bexley department under planning reference 17/01246/FUL on 16th November 2017 for the erection of a part two/part three storey building comprising seven, two bededroomed apartments with associated parking and amenity space. The scheme is designed as a single block with accommodation over the ground and two upper floors under a pitched roof with a single core area. The site plan shows seven parking spaces to the front of the block and a shared communal garden with bike store to the rear.

Proposed Schedule Of Accommodation –
Plot 1 2 bed Duplex 79 m2 (850 sqft)
Plot 2 2 bed 62 m2 (667 sqft)
Plot 3 2 bed 61 m2 (656 sqft)
Plot 4 2 bed 75 m2 (807 sqft)
Plot 5 2 bed 61 m2 (656 sqft)
Plot 6 2 bed 75 m2 (807 sqft)
Plot 7 2 bed 61 m2 (656 sqft)
Rights of Way, Wayleaves, Easements, Restrictive Covenants Etc.

The site is sold subject to or with the benefit of any Rights of Way, Wayleaves, Easements, Restrictive Covenants, which may exist whether mentioned in these particulars or not. For further information in relation to these matters please refer to the legal pack.

Tenure:

Freehold.


Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Deposit and Fees:

The following deposits and non- refundable auctioneer’s fee apply:

• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT

The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).

Guide Price & Reserve
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.